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Trump’s ‘Beautiful’ Bill Casts a Cloud Over Hydrogen’s Future

  • The U.S. House of Representatives passed Trump’s 'Big, Beautiful Bill' which could have major consequences for renewable industries like green hydrogen and EV batteries.
  • The bill seeks to phase out tax credits under the Inflation Reduction Act, potentially impacting projects in Louisiana, a leading hydrogen hub in the U.S.
  • Companies like Air Products, Clean Hydrogen Works, and CF Industries stand to lose federal tax credits, affecting their economic viability and expansion plans.
  • While the bill ends tax credits for certain clean energy technologies earlier than intended, it retains credits for carbon capture and sequestration, benefiting companies like CF Industries and Exxon Mobil.

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